Mission, St. Albert - September 2026 Real Estate Report

Mission, St. Albert: Here's What Your Home Is Actually Worth Right Now

If you live in Mission and you haven't checked your HonestDoor Price lately, this is your nudge. The market here is moving - and not always in the direction you'd hope. Here's the straight story on what's happening to home values in our corner of St. Albert.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a real split in Mission right now, and it matters depending on what you own.

Houses in Mission are taking a breather. The average HonestDoor Price sits at $450,393, down a hair (0.19%) from last period. The predicted market value is $451,246, but here's the number that should get your attention - that's down from a 3-month moving average of $469,180. Property values have shifted by -5.80% recently. On the neighbourhood leaderboard, Mission houses rank 20 out of 23 in St. Albert for growth. That puts us near the bottom of the pack right now.

• Average HonestDoor Price (Houses): $450,393
• Predicted Market Value: $451,246
• 3-Month Moving Average: $469,180
• Recent Value Change: -5.80%
• Growth Rank: 20 out of 23 neighbourhoods in St. Albert
• Average Rental Estimate: $2,302 per month
• Rental Yield: 5.73% - that's a strong return for landlords
• Airbnb Estimate: $114 per night (Airbnb rank: 21 in St. Albert)

The rental story is actually a bright spot. A 5.73% rental yield is solid. If you're holding a house in Mission as an investment, the income side of the equation is working in your favour even while prices soften.

For context, our neighbours are pricing higher. Downtown St. Albert averages $536,461, Braeside sits at $513,721, and Mission Park comes in at $478,061. We're the more affordable option in this cluster - which cuts both ways depending on whether you're buying or selling.

Condos in Mission are a different conversation entirely. The average HonestDoor Price for condos here is $2,169,255 - up 9.36% from last period. That's a significant jump. The predicted market value is $1,983,679, though that's pulling back from a 3-month moving average of $2,092,214, with a recent change of -7.51%.

• Average HonestDoor Price (Condos): $2,169,255
• Predicted Market Value: $1,983,679
• 3-Month Moving Average: $2,092,214
• Recent Value Change: -7.51%
• Growth Rank: 5 out of 23 - above average in St. Albert
• Average Sale Price (recent): $228,000, up 7.3% from last month
• Average Listing Price: $229,900
• Price Per Square Foot: $281
• Days on Market: 13 days average
• Sale-to-List Ratio: 99.17% - buyers are getting slight discounts
• Average Rental Estimate: $7,196 per month
• Airbnb Estimate: $357 per night (Airbnb rank: 3 in St. Albert - top tier)

The condo growth rank of 5 out of 23 puts us well above average in St. Albert. Days on market rank is 3 out of 14 - condos here are moving relatively fast. The Airbnb ranking of 3rd in all of St. Albert is genuinely impressive if short-term rental income is part of your plan.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that Mission house prices have shifted by nearly 6% recently. It doesn't know what sold on your street last Tuesday.

The HonestDoor Price is updated in real time. It pulls from actual market activity right now - not what a government office calculated last year. For Mission homeowners, that gap matters. If you're making any decision - refinancing, selling, even just understanding your net worth - you want the number that reflects today's market, not last year's.

Think of the city assessment as a history textbook. The HonestDoor Price is today's newspaper. When the market is moving as much as it is in Mission right now, you need today's newspaper.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Mission and you're thinking about listing this summer, the honest answer is: move with intention, not urgency. Prices are softer than they were three months ago, and we're ranking near the bottom of St. Albert neighbourhoods for growth right now. That doesn't mean you can't sell well - it means you need to price sharp and present well. Buyers have options.

If you own a condo in Mission, the picture looks better. You're in a top-5 growth neighbourhood, condos are selling in under two weeks on average, and the Airbnb income potential ranks 3rd in all of St. Albert. If you're selling, that story is worth telling to the right buyer.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set a list price, and before you assume your tax assessment tells the whole story. In a market that's shifting this fast, the most expensive mistake you can make is working with outdated information.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.